The growth of altcoins has become a noticeable trend, but it is too early to talk about the beginning of a full-fledged 'altseason', and for now, the market provides opportunities for investments, believes Tehnobit CEO Alexander Peresichan. According to the expert, to optimally utilize the growth, it is advisable to have a diversified portfolio in advance, and if this has not been done, it is still not too late to include several key assets in it.
Bitcoin (BTC)
Bitcoin exchange-traded funds (ETFs) in the US, launched in 2024, look very attractive for institutions, and there is every reason to believe that demand for them will remain in 2025, says Ryan Lee, the lead analyst at Bitget Research. This means that fund issuers will continue to buy cryptocurrency, pushing its price up, the expert explained.
Also, it should not be forgotten about Trump's promises to create a Bitcoin reserve, reminded Lee. He explained that the US's bet on Bitcoin could significantly strengthen BTC's position in the financial market and greatly accelerate the growth of the coin's price.
According to Peresichan, it makes sense to use a dollar-cost averaging strategy for Bitcoin: regular purchases of small amounts of BTC will help reduce the impact of short-term volatility. According to the analyst, this is a reliable approach for investors with a long-term horizon.
Ethereum (ETH)
ETH shows a lag in growth compared to Bitcoin and its historical maximum ($4,870) from 2021 has not yet been updated, says Peresichan. However, the expert noted that thanks to the development of the ecosystem and the popularity of decentralized applications, Ethereum could grow significantly, making it a promising asset. During the current cycle, if a positive scenario unfolds, ETH could exceed $4,500, the analyst believes. According to his calculations, the optimal entry points for ETH right now can be considered a price below $3,450.
XRP (XRP)
The departure of Gary Gensler from the U.S. Securities and Exchange Commission (SEC), as well as plans to launch an ETF for Ripple cryptocurrency, gave the coin a boost for active growth, says Ryan Lee. He reminded that at the end of 2020, the regulator accused the coin issuer of illegal issuance of securities in the form of XRP tokens, but the resignation of the chief SEC commissioner could be the first step toward resolving the conflict, due to which XRP failed to update its maximum during the bull market of 2021.
The historical maximum for XRP was recorded at $3.40 in January 2018. Over the past month, the token's price has risen by more than 400%, from $0.50 to $2.60. However, despite the realized growth, XRP still presents interest, believes Lee.
Solana (SOL)
The crypto project continues to pressure its main competitor, Ethereum, thanks to the technical base that has perfectly suited the hype around meme coins, says Lee. In his estimates, against the backdrop of still growing demand for meme coins, Solana may demonstrate positive dynamics by the end of this year and next.
This asset has the potential for further growth, believes Peresichan. He noted that, on the one hand, SOL has already shown a noticeable increase: it has risen by 35% over the month and by 260% over the year, which holds back investors' expectations regarding potential growth.
However, on the other hand, according to the analyst, technical indicators also support the growth of Solana: the coin is trading above the 20-day exponential moving average (EMA; a technical indicator showing the average price of an asset over 20 days). The key resistance level is currently seen at $260, says Peresichan. He predicts that if SOL breaks and consolidates above this level, a breakout above $300 is possible by the end of the year.
Dogecoin (DOGE)
The meme coin DOGE received an additional boost due to Trump's victory, who is supported by Elon Musk, who has repeatedly been the reason for DOGE's growth by dozens of percent, says Peresichan. In his opinion, Musk's appointment as head of the Department of Government Efficiency (DOGE) could further stimulate the token's growth, which during the current cycle is capable of reaching $0.8. But it should be remembered that DOGE remains a highly speculative asset, the specialist warned. According to him, investments in it should be made with caution, but it can be useful for portfolio diversification.
BNB (BNB)
Despite the pressure from American regulators on the largest cryptocurrency exchange, Binance managed to stabilize in 2024. On December 4, its native token BNB updated its historical maximum at $788, rising 24% over the month.
According to Peresichan, BNB is lagging in growth compared to other leading cryptocurrencies, but the current wave of positive trends opens up investment opportunities for it. If the price of BNB falls below $720, it could be a good entry point, and within a year, the token's price could exceed $1,000, the expert believes.
Toncoin (TON)
Given the ongoing hype around mini-apps in Telegram, many of which are related to the TON blockchain, there is every reason to believe that the coin could be the next candidate for a rapid rise, believes Lee. Over the month, the coin's price has risen by 46%, managing to recover from the decline caused by Pavel Durov's arrest in August this year.
On December 4, TON exceeded the $7 mark for the first time since July this year. The historical maximum for the token was reached in June at $8.25.
$SOL